TRACING PORTO PEROEN ANCE. Use Work sheet 11.2to help Grant and Ble Harding, a married couple in
Question:
TRACING PORTO PEROEN ANCE. Use Work sheet 11.2to help Grant and Ble Harding, a married couple in their early 30s, evaluate their securities portfolio, which includes these holdings.
a. IBM. (NYSE; symbol IBM): 100 shares bought in 2011 for $170.40 per share.
b. Procter & Gamble (NYSE; symbol PG): 150 shares purchased in 2010 at $61.85 per share.
c. Google (NASDAQ; symbol, GOOG): 200 shares purchased in 2014 at $519.98 per share.
d. The Hardings also have $8,000 in a oneyear CD they bought one year ago, which pays 1.25 percent annual interest.
1. Based on the latest quotes obtained from the Internet, complete Worksheet 11.2. Consider using an online portfolio tracker like the one provided by Google (www.google
.com/finance/portfolio). Note that Google accounts for dividends as cash received.
2. What’s the total amount the Hardings have invested in these securities, the annual income they now receive, and the latest market value of their investments? L01
Step by Step Answer:
PFIN
ISBN: 9781337117005,9781337516693
6th Edition
Authors: Randall Billingsley , Lawrence J. Gitman, Michael D. Joehnk